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20130318
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Search Results 0 to 8 of about 9 (some duplicates have been removed)
. >> they will be mindful of the limited role as judges to interpret existing law. >> plus, legal analysis on how the issues might be viewed on the highest court in the land. stay tuned for the special coverage of gay marriage before the u.s. supreme court. captioning by vitac, underwritten by fireman's fund >>> good evening. i'm scott shafer. welcome to this week in northern california. next tuesday, more than four years after california voters approved proposition 8, the state's ban on same-sex marriage, it gets a hearing from the u.s. supreme court. it will hear arguments for the defense of marriage act known as doma. we discuss the issues before the u.s. supreme court. it's the final stop on a long and winding legal road. let's begin with a look at how it all started. the week of valentine's day, 2004, newly elected san francisco mayor gavin newsom, boldly, some said recklessly orders to grant marriage licenses to same-sex couples. >> we reignited a fundamental debate. >> scott: outside city hall, gays and lesbians lines up around the block. about 4,000 couples tied the knot. it was not to last. at the
frank is a very large -- it is a complicated law. probably more complicated than i would have preferred, but it is what it is. at the heart of it is ending too big to fail, giving the government new tools to resolve large financial institutions when they feel in a way it will not hurt taxpayers and not subject them to risk. well, it forced losses on the shareholders and creditors of the large financial institutions, which is where they belong. it also requires the federal reserve board to have much tougher prudential standards, so higher capital, more stable liquidity, less reliance on short-term debt. those are the types of things that were problems during the crisis and the fed has been mandated to have better regulation to prevent banks from getting in trouble to begin with. the volcker rule, too, a key part, it was designed to prohibit proprietary trading by those institutions in the government safety net. if you're a bank holding company that has an insured bank that has fdic-backed deposits or access to the federal reserves discount window, you have a lot of government support pro
now from wall street to washington. this week, law makers are working toward a measure that keeps the government up past next wednesday that's when current funding runs out. but the real budget battle over long-term spending cuts continues. >> republicans and democrats in washington are still fighting over taxes and spending but they've agreed to keep the fight under control. house already passed a bill to keep the government running past the end of this month. now the senate is preparing to do the same thing and there, the two parties aren't far apart on the details. >> we've con ens didded the number of amendments being talked about seriously. i commend them and their staff through all of their efforts. >> i spoke with them this morning. they've yet to reach an agreement. >> but the gap remains huge for a long-term plan for bringing government spending and revenue inline. >> they'll reduce the entitlement programs but only if republicans agree to tax hikes and jepd speaker john boehner said the house's answer to that is no. >> the president got his tax heights on january 1st. th
their version of the fdic which is deposit insurance. that is rule of law. if they were to break that for financing purposes that would be very, very different. cyprus when you compare that to the u.s. housing which is positive and may be offsetting in terms of what washington has taken away by tax increases and sequestration it is a small episode. >> let's dig deeper. do you think that the level of profit growth will not justify any real further expansion of the price earnings multiple or what? >> i would say the first part, yes. if you look at profits they are very, very strong and have been for a while but it is a maturing earnings cycle. also in this environment the u.s. economy is growing more like 2% and a lot less like 4 in that environment pricing is going to be challenged and the top line sales is not going to be universal for all firms. it will be balance sheet by balance sheet and case by case. security collection becomes far more important. >> i was going to say as you point out the profit growth picture has been pretty good but we are getting at the mature point in t
passed the law. there's a quarter of a million guns still out there. how does this save any lives? what about the video games that kid was obsessed with? what about the 10-year-olds playing those games every day? >> look at the movies. they use those guns. >> you mean portrayed aggression. >> it's just so sawed. >> okay -- >> why not? why can't we fix those things? >> what we're about here, if you go to the movies and you see it, okay. it doesn't mean you have a gun. the whole purpose is to eliminate the guns that in fact cause these. >> do you think -- >> what about the guns already out there? >> do you think there should be perhaps a redistribution or also something else included besides withdrawing hardware, states. >> absolutely. >> background checks. >> background checks but also focusing on comprehensive measur >>> issue three. going for broke. >> if your dreams of a golden retirement age seem to have become transmuted into tin by the global economic crisis, you are not alone. a new report shows that only only hirds of american workers two-thirds of from three out of four in 2009.
Search Results 0 to 8 of about 9 (some duplicates have been removed)